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Young woman's NT$1 m. savings scoffed by termites

2012/06/26 18:01:19

Taipei, June 26 (CNA) An Investigation Bureau official advised the public Tuesday to keep their savings in financial institutions for safe keeping, citing a recent example in which a young college graduate lost most of her NT$1 million (US$33,375) savings in a home safe after they were destroyed by termites.

He was referring to a case reported that day in the local tabloid Apple Daily in which a college graduate found in April that the NT$1 million she had amassed over eight years to fund her overseas studies had been reduced to shreds by termites.

According to the report, the woman had been putting money away since high school in a home safe.

The woman sent the damaged bills to the Investigation Bureau, but efforts to salvage the money achieved poor results, said Liu Hui-fang, an expert in the forensics branch of the bureau who spent a week trying to piece together the bills.

The Bank of Taiwan allowed the woman to exchange the damaged bills for only a little over NT$26,000, pointing out that the rest were beyond redemption.

Hu Hsing-yung, a section chief of the forensics arm of the bureau, said people should keep their banknotes in safe places such as banks and post offices to prevent their bills from deteriorating.

(By Liu Chien-pang and Scully Hsiao)